Olive branch, no chequebook, for Dalton in America’s Cup wrangle

Olive branch, no chequebook, for Dalton in America’s Cup wrangle
A late bid seeks to keep Team NZ's home town advantage in The America's Cup. (Image: Getty)
Pattrick Smellie
Grant Dalton can lead Team New Zealand in the next America’s Cup as long as he’s not in charge of the money provided by central government, local bodies and private donors, says the backer of an initiative to stop the cup going offshore in 2024.With only 10 working days left before Team NZ is due to announce the venue for the 37th America’s Cup challenge, Greymouth Petroleum chair Mark Dunphy insists he has the necessary $80 million of private funding but only if Dalton is kept away from the purse strings.Dunphy believes this...

More Policy

Experts warn NZ: Australia's local rates cap led to financial crisis
Policy

Experts warn NZ: Australia's local rates cap led to financial crisis

Copying policy from across the Tasman could worsen infrastructure deficit.

Spending cuts hurting growth scope, group says
Economy

Spending cuts hurting growth scope, group says

The group of economists call for the next Budget to be kinder to the economy.

Jem Traylen 21 Nov 2024
Transport dominates investment intentions - Treasury
Policy

Transport dominates investment intentions - Treasury

NZTA forecast investments of $120b over the next 10 years, dwarfing other agencies.

Oliver Lewis 20 Nov 2024
A red letter day for red tape, job market bottoms out and more ...
Policy Business of Government

A red letter day for red tape, job market bottoms out and more ...

Our weekly roundup of public sector news and analysis.

Jem Traylen 20 Nov 2024